Office building · Midtown, Manhattan
135 East 57th Street
New York, NY 10022
135 East 57th Street is a 32-floor office building in Midtown, Manhattan, built in 1987, with about 267,000 square feet of office space according to city records.
Also at 121-137 East 57th Street, 132-134 East 58th Street and 700-712 Lexington Avenue.
- Office space
- 267K SF
- Floors
- 32
- Year built
- 1987
- Zoning
- C5-2
The 140th largest of the 351 office buildings we track in Midtown. Compare it with 6 neighbors
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Compared with its neighbors
How 135 East 57th Street compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, 135 East 57th Street ranks 3rd of 7 by office floor area. Built in 1987, it is the newest of them. Its estimated property tax, about $19.99 a square foot of floor area before abatements, is above the neighbors' median of $16.05.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 135 East 57th Street | 267K SF | 32 | 1987 | $19.99 | n/a |
| 722 Lexington Avenue | 121K SF | 14 | 1930 | $14.67 | n/a |
| 695 Lexington Avenue | 96K SF | 20 | 1931 | $12.89 | n/a |
| 145 East 57th Street | 54K SF | 13 | 1926 | $16.48 | Oct 2016, $62.8M |
| 111 East 58th Street | 544K SF | 36 | 1969 | $16.53 | n/a |
| 130 East 59th Street | 206K SF | 17 | 1954 | $15.62 | n/a |
| 445 Park Avenue | 307K SF | 22 | 1947 | $17.81 | Nov 2011, $46.6M |
Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). Large means at least 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other addresses
- 121-137 East 57th Street; 132-134 East 58th Street; 700-712 Lexington Avenue
- ZIP code
- 10022
- Building type
- Office building (city class O4)
- Total floor area
- 397,354 SF
- Commercial floor area
- 397,354 SF
- Office
- 267,046 SF
- Retail
- 130,308 SF
- Height
- 32 floors
- Average floor
- About 12,400 SF (floor area divided by floors)
- Year built
- 1987
- Lot area
- 26,731 SF
- Zoning district
- C5-2
- Built FAR
- 14.86
- Max commercial FAR
- 10
- Tax lot (BBL)
- 1013120015
Nearest subway
- 59 St
- Lexington Av/53 St
- Lexington Av/63 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-16. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.
NYC Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists 700 LEXINGTON LLC as the owner of record. For tax year 2026/27 the city values 135 East 57th Street at $162.7 million and assesses it at $73.2 million. After phase-ins and exemptions its taxable value is $73.2 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $7.94 million a year before abatements, roughly $19.99 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.
- Owner of record
- 700 LEXINGTON LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $162,740,000
- Land market value
- $61,500,000
- Assessed value
- $73,233,000
- Estimated yearly tax
- About $7.94 million
- Tax per SF of floor area
- About $19.99
City market value by tax year
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How to find who owns any NYC buildingSource: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-16; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.
Own or manage 135 East 57th Street? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
135 East 57th Street reported an ENERGY STAR score of 65 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a C (55 to 69). Its site energy use came to 80.8 kBtu per square foot, 19% below the national median of 99.4 for a similar property. Its greenhouse gas emissions were about 2,984 metric tons of CO2e (7.15 kg per square foot).
- ENERGY STAR score (2024)
- 65 of 100
- Grade this score earns (Local Law 33)
- C (55 to 69)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 80.8 kBtu/SF
- National median for the type
- 99.4 kBtu/SF
- Greenhouse gas emissions
- 2,984 t CO2e
- Emissions per SF
- 7.15 kg CO2e
- Floor area in the filing
- 417,222 SF
ENERGY STAR score by year
Energy sources in 2024
Source: NYC Department of Buildings and Mayor's Office of Climate and Environmental Justice, NYC Building Energy and Water Data Disclosure for Local Law 84 (2024 filing), pulled 2026-10-16; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager. The grade is the one the filed score earns under the law's cutoffs; the Department of Buildings assigns the grade a building posts, which can differ.
Local Law 97 of 2019, estimated
Local Law 97 emissions limit
At its 2024 energy use, 135 East 57th Street comes to about 2,126 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 3,163 tons for 2024 to 2029 (67% of the limit), so it would owe no penalty. From 2030 the limit drops to 1,123 tons and the same energy use counts as about 1,447 tons, about 324 tons over, or an estimated $87,000 a year unless the building cuts its emissions.
- Period
- 2024 to 2029
- Emissions limit
- 3,163 t CO2e
- Estimated emissions
- 2,126 t CO2e
- Under the limit by
- 1,036 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 1,123 t CO2e
- Estimated emissions
- 1,447 t CO2e
- Over the limit by
- 324 t CO2e
- Estimated penalty a year
- $87,000
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 417,222 SF. It applies the coefficients and per-use limits in Department of Buildings rule 1 RCNY 103-14 and Administrative Code 28-320.3.1.1 (as the Department lists them) and the $268 per ton penalty, checked 2026-10-04. It is not the building's Local Law 97 report: that report can count renewable energy credits, solar and storage deductions and, for 2024 and 2025, the law's occupancy group limits where higher, and penalties can be reduced for good faith efforts.
Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.
How Local Law 97 works: who is covered, the 2030 limits and what owners, tenants and buyers should check.
Own or manage 135 East 57th Street? List a space here free and we match it against every active requirement.
NYC Department of Buildings permits
Work permits and build-outs
In the 12 months to October 2026, the Department of Buildings issued first permits for 13 jobs at 135 East 57th Street. In the last two years, interior work was permitted on 31 floors (floors 1 to 31, the cellar, the ground floor and the sub-cellar). The newest build-out, on floor 1, the cellar and the sub-cellar, was first permitted in August 2026 (structural; filed cost estimate $70,000). A sidewalk shed permit here is active until January 9, 2027.
- New jobs, last 12 months
- 13
- Initial permits, last 12 months
- 27
- Newest job first permitted
- October 2026
- Interior build-outs, last 24 months
- 5
- Floors with interior work, last 24 months
- 1 to 31, cellar, ground floor, sub-cellar
- Facade and sidewalk jobs, last 24 months
- 7
- Sidewalk shed permit
- Active until Jan 9, 2027
Recent build-outs
New jobs by year
Build-outs across MidtownWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
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Next door, in the Upper East Side
783 Madison 4th Floor
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Questions about 135 East 57th Street
How big is 135 East 57th Street?
135 East 57th Street has about 397,000 square feet of floor area in total, including 267,000 square feet of office and 130,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 135 East 57th Street built?
City records list 1987 as the year built. The building is 32 floors tall.
What other addresses does 135 East 57th Street have?
City records list 121-137 East 57th Street, 132-134 East 58th Street and 700-712 Lexington Avenue on the same tax lot (BBL 1013120015) as 135 East 57th Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 135 East 57th Street?
135 East 57th Street is in ZIP code 10022, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 135 East 57th Street, New York, NY 10022, in Midtown.
What is the zoning at 135 East 57th Street?
The lot is in the C5-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 14.86 and a maximum commercial FAR of 10 for this lot.
What subway station is closest to 135 East 57th Street?
The closest subway station to 135 East 57th Street is 59 St (the 4, 5, 6, N, R and W trains, connected to Lexington Av/59 St), about 550 feet away in a straight line, roughly 2 minutes on foot. Also nearby: Lexington Av/53 St (the E, F and 6 trains, connected to 51 St), 5 min walk; Lexington Av/63 St (the M and Q trains), 6 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 135 East 57th Street?
The NYC Department of Finance's 2026/27 assessment roll lists 700 LEXINGTON LLC as the owner of record of 135 East 57th Street (BBL 1013120015). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
What is the energy grade of 135 East 57th Street?
135 East 57th Street reported an ENERGY STAR score of 65 for calendar year 2024 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 65 earns a C. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 80.8 kBtu per square foot, 19% below the national median of 99.4 for a similar property. Its greenhouse gas emissions were about 2,984 metric tons of CO2e (7.15 kg per square foot).
Does 135 East 57th Street meet Local Law 97?
At its 2024 energy use, 135 East 57th Street comes to about 2,126 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 3,163 tons for 2024 to 2029 (67% of the limit), so it would owe no penalty. From 2030 the limit drops to 1,123 tons and the same energy use counts as about 1,447 tons, about 324 tons over, or an estimated $87,000 a year unless the building cuts its emissions. This is an estimate from the owner's 2024 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.
Is there construction at 135 East 57th Street?
In the 12 months to October 2026, the Department of Buildings issued first permits for 13 jobs at 135 East 57th Street. In the last two years, interior work was permitted on 31 floors (floors 1 to 31, the cellar, the ground floor and the sub-cellar). The newest build-out, on floor 1, the cellar and the sub-cellar, was first permitted in August 2026 (structural; filed cost estimate $70,000). A sidewalk shed permit here is active until January 9, 2027. These are the Department of Buildings' DOB NOW work permits for tax lot 1013120015. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
What are the property taxes at 135 East 57th Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $73.2 million for 135 East 57th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $7.94 million a year, roughly $19.99 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1013120015 show the actual bill.
What is the assessed value of 135 East 57th Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 135 East 57th Street at $162.7 million ($61.5 million of it land) and its assessed value at $73.2 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 8% from 2022/23 ($176.7 million) to 2026/27.
Is there office space for lease at 135 East 57th Street?
No space at 135 East 57th Street is listed on Leasemark right now. Nearby on Leasemark: office space for lease at 783 Madison 4th Floor in the Upper East Side (994 SF, $66.40/SF/yr). Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.
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